Corporate Payroll Services and banks will be closed on Monday, May 29, 2017 in observance of the Memorial Day holiday. Please plan ahead to ensure your payrolls are processed on time.
If you are a direct deposit or CPS Checks customer, please submit payroll at least one business day early to ensure proper funding of employee bank accounts.
Memorial Day Direct Deposit Deadlines:
Checks Dated On: Submit Payroll By:
Friday, 05-26-2017 Wednesday, 05-24-2017
Tuesday, 05-30-2017 Thursday, 05-25-2017
Wednesday, 05-31-2017 Friday, 05-26-2017
Payrolls must be submitted prior to your branch’s cut off time to be processed the same day.
Payrolls submitted after your branch’s cutoff time on Friday, 05-26-2017 will not be processed until the following Tuesday.
Auto-run payrolls will be processed early to ensure timely funding of employee bank accounts.
If you have any questions, please contact your Payroll Specialist at your Branch Office.
You’re the owner of a small company that makes local deliveries for a large appliance retailer. You employ a call center staff of five people who handle appointments, billing, customer questions, and follow-ups. This small team is critical for handling nearly all of your operational tasks so that you can focus primarily on sales and growing your business.
One morning, Sam, one of your call center employees feels an upper respiratory infection coming on. He calls his doctor’s office, makes a 1:00 pm appointment and takes off four hours from work—losing 50% of the day’s productivity. That work is essential. As the owner, you have to jump in and handle Sam's calls. You can’t let this part of the business slip, or customers will get frustrated, angry and may cancel orders. That large retailer just might look for another delivery company.
Those absences add up over time, especially during allergy or flu season. And the more time employees take off to go to the doctor, the more time you spend stepping in to take their place. Even if employees try to tough it out, they may end up getting other employees sick—compounding the problem. With multiple employees absent, calls go unanswered, customers experience longer wait times, and frustration rises—threatening your bottom line.
The Employer Healthcare Conundrum That Telemedicine Helps Solve
To alleviate the situation, you want to make sure your employees have easy access to a doctor and do not spread sickness to other members of your call center staff. On top of that, you’d like to offer healthcare benefits as a perk to attract top talent. You’re not alone. A recent Healthcare Trends Institute study (reported by HR Dive) indicated that “68% of employers believe health benefit plans affect their reputations and can raise employee morale and satisfaction.”
Yet while most employers know that offering good healthcare benefits helps attract and retain employees, rising healthcare costs limit how much traditional coverage employers (especially smaller employers) can offer.
That’s why employers increasingly see telemedicine as a compelling service for employees. About 75% of doctor’s, urgent care, and ER visits can be handled by telemedicine. Covering a wide variety of common illnesses and ailments, telemedicine costs very little for employers to offer while also providing employees a vital health benefit that keeps them working.
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